Latest in China’s largest coffee chain plans to take on Starbucks in US
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China’s largest coffee chain plans to take on Starbucks in US
Luckin Coffee’s expansion into rival’s home market comes five years after company was delisted from Nasdaq and finedBusiness - Financial Times - October 29 -
7 ways that Starbucks CEO Brian Niccol plans to change the coffee chain
Starbucks is planning to bring back Sharpies and ceramic mugs and cut back its menu.Business - CNBC - October 31 -
7 ways that Starbucks CEO Brian Niccol plans to change the coffee chain
Starbucks CEO Brian Niccol shared more details about the company’s turnaround strategy during the company’s quarterly conference call on Wednesday.Top stories - NBC News - October 31 -
Starbucks shares slide after coffee chain says sales fell again, suspends outlook
The company's same-store sales slid for the third consecutive quarter, fueled by a 10% tumble in traffic to its North American stores.Business - CNBC - October 23 -
Dutch Bros CEO lays out the coffee chain's cross-country expansion plans
The Oregon-based coffee chain made its market debut in 2021, and operates in 18 states, including in California, Arizona and Texas.Business - CNBC - November 8 -
Starbucks drops olive oil coffees as it shakes up menu
The announcement comes less than a week after the company reported falling global sales.Top stories - BBC News - October 30 -
A fast-changing Chinese coffee market awaits Starbucks CEO Brian Niccol
Here's what new Starbucks CEO Brian Niccol might see when heBusiness - CNBC - November 1 -
China vows to take ‘countermeasures’ over US and Taiwan $2bn arms deal
Package includes Nasams air defence system that Taiwan says will help it in the face of China’s frequent military manoeuvres . China will take “countermeasures” to defend its sovereignty and ...World - The Guardian - October 27 -
U.S. Chip Toolmakers Move to Cut China From Supply Chains
Applied Materials and Lam Research are telling vendors to follow new restrictions, spurred by U.S. government pressure.Tech - The Wall Street Journal - November 4 -
Vivek Ramaswamy's plan to force federal workers back into the office
Vivek Ramaswamy's effort to cut costs could target the nearly two-thirds of federal workers who are still approved to work from home 18 months after the pandemic ended.Politics - NBC News - 2 days ago -
Starbucks’ China business is struggling. Here’s how the company may give it a jolt.
Starbucks Corp. is seeking ways to boost its Chinese operations and may sell a stake in the business.Business - MarketWatch - 12 minutes ago -
Starbucks' plan to return to its roots involves 200,000 Sharpies
Starbucks CEO Brian Niccol is betting that more personal touches in its cafes will win back customers.Business - CNBC - October 31 -
Here's how Starbucks' new CEO plans to overhaul its struggling cafes
Starbucks to bring back ceramic mugs and messages written in Sharpie pens to revive a coffeehouse vibe at its nearly 40,000 stores.Top stories - CBS News - October 31 -
Pizza chain sparks protests for doubling down on dessert referring to ex-Mayor Marion Barry and drug use
Protesters are demanding an apology and a D.C. pizza shop has been vandalized amid the controversy over &pizza’s ad campaign that makes light of the late Mayor Marion Barry’s drug use.Top stories - NBC News - October 23 -
D.C. pizza chain sparks protests for doubling down on ex-mayor's drug use
Protesters are demanding an apology and a D.C. pizza shop was vandalized for an ad campaign making light of the late Mayor Marion Barry’s drug use. &Pizza promoted a dessert called Marion Berry ...Top stories - NBC News - October 23 -
Silver Lake and Shore Capital deal creates large chain of US petcare clinics
Merger of Southern Veterinary and Mission Veterinary sets up group valued at $8.6bnWorld - Financial Times - November 6 -
China Isn't Planning a 'Bazooka' Stimulus---at Least Not This Year
Hopes that China is awaiting the results of the U.S. election to unveil a huge stimulus package are unikely to be fulfilled, though a smaller package is expected soon.World - The Wall Street Journal - November 4 -
Starbucks’s New CEO Just Revealed a Brilliant Master Plan to Turn the Company Around. It All Starts With 4 Words
Brian Niccol’s new four-word goal for Starbucks is brilliant in its simplicity. But there’s more than meets the eye.Business - Inc. - October 31 -
Starbucks’ New CEO Says His Plan to Win Back Customers Involves 200,000 Sharpies. It Just Might Work
CEO Brian Niccol has a plan to ‘bring back Starbucks.’Business - Inc. - November 3 -
Starbucks turnaround plan has ‘merit’ but its unknown cost makes the stock a ‘sell,’ analyst says
Redburn Atlantic’s Edward Lewis downgrades coffee-shop giant after new Chief Executive Brian Niccol unveils his “Back to Starbucks” plan.Business - MarketWatch - November 13 -
New Starbucks CEO Scouted Cafes Before Taking Over: What He's Tackling First
Brian Niccol is focusing on cafe operations and company affairs as he seeks quick change.Business - The Wall Street Journal - November 6 -
AstraZeneca says it takes China investigation ‘very seriously’
UK’s biggest pharmaceutical company ‘committed to China’ as it raises 2024 profit forecast and announces $3.5bn US investment. Business live – latest updates AstraZeneca’s chief executive has ...World - The Guardian - November 12 -
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From coffee beans to milk, this Singapore-based startup uses AI to determine ingredient quality
ProfilePrint's AI platform could have implications for improving food security.Business - CNBC - November 7 -
Browns' Grant Delpit has grand plan to stop Derrick Henry this week, which involves one of largest players
Delpit says the Browns should put Dawand Jones on scout teamSports - CBS Sports - October 24 -
China struggles to break US chip design ‘chokehold’
Beijing pushes for bigger share of crucial electronic design automation marketWorld - Financial Times - October 24 -
Taiwan braces for US election as China tensions rise
TAIPEI -- Taiwan is bracing for the results of the U.S. election, with some officials worried about what a new Trump administration could mean given the former president’s isolationist views. On ...Politics - The Hill - November 2 -
Beijing prefers neither: China’s view of the US election
China’s approach could be summarized as calibrating its strategies to account for the leader in the Oval Office in the areas of economy, foreign policy and Taiwan.Politics - The Hill - November 5 -
US citizen arrested in Germany on suspicion of spying for China
An American citizen who allegedly spied for China was arrested on Thursday, Germany's federal prosecutor office said, as reported by The Associated Press. The suspect, Martin D., was arrested in ...Politics - The Hill - November 8